All Forum Posts by: Bastian Kneuse

@David Gotsill

Congratulations! This is awesome!!

Bringing this post back to life and seeing if anybody has any thoughts. 😊

@Ross Kalmbach

It would be interesting to learn what sort of factors these companies are considering in their due diligence process. I am sure they have an army of analysts digging through data in order to identify suitable markets - capacities and resources not available to the "normal" investor. 

@Peter Roehrich

Thats great insights. Would you say it was a leading indicator or did they enter the market when it was already up-and-coming?

So, it sounds like there are way more cost effective solutions out there (i.e. Termadore,
Borate, Sentricon) coupled with annual termite inspections, which would negate the need for a termite bond.

@Denise Evans @Greg Parker @Clint Shelley Thank you all for your input.

There is a lot of talk about figuring out where Whole Foods, Trader Joe's, Starbucks, etc are opening up new locations, which would give an indication about up-and-coming neighborhoods.

1. Based on your experience, how accurate is this theory?
2. Is that information publicly available? Is there a source that compiles this data?

I am curious what you all think.

@Clint Shelley@Denise Evans

But wouldn't annual/bi-annual termite inspections result in the same outcome?

@Denise Evans

What is the bait system? I have never heard of it? Is that different to a termite bond? 

I am in the process of acquiring a MFH in Alabama. The home was built early 1900s. As it relates to termite inspection/prevention, would it make sense to purchase a termite bond. The cost for it seems pretty high and I am wondering if it is worth it. The one-time set up fee is about $1000, with annual premiums of $170. The premiums do not cover any termite damage.

Alternatively, couldn't I just conduct an annual termite inspection and then treat it if necessary? Wouldn't take come out cheaper at the end with the same results as opposed to a termite bond?

Appreciate any thoughts or advice.

Thanks!

I hope this is not too nerdy of a question, but i am wondering if the costs for the conference incl travel/hotel are tax deductible?! This, of course, shouldnt be the deciding factor but just a little side comment/question.

@Jonathan Newsome

I am about to close on a property and will use Rocket City PM. Heard a lot of positive feedback about them and they have been very responsive so far. PM me for contact info.